Greater Jamaica Development Corporation is excited to announce Round 1 of our Goldman Sachs Marketing Loan Program. This loan program is designed for small BIPOC-owned businesses in Queens who are seeking to expand their digital marketing. Submit the pre-application today to learn more and begin the process!
Program Eligibility and Guidelines:
- Up to $7,500 marketing loan
- 3% interest rate
- Must be an existing for-profit business; restrictions may apply.
- Demonstrated sales in excess of $10,000 in the last 12 months.
- Recipients must have a plan for marketing funds detailing how the money will be spent.
- Have a payback plan; how will you be able to grow your sales and pay back the loan?
- Must be able to provide measurable sales results.
- No minimum credit score
- BIPOC businesses
- Queens based ; Southeast Queens businesses (114xx zip codes) will have preference.
- 1st round closes April 15th.
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